I kinda thought that initially, although I’m not retired. I have been disabused of that thought now. The average SS check is about $1,250 according to this excerpt and I believe that’s probably about right.

Now, SS is taxable so subtract, say, 15% or so for taxes and you’re down to about $1,060. Next, you had better account for health care coverage, and it’s staggering. Even if you have Medicare, which costs something, you need supplemental coverage, and Part D coverage, probably another $600 or so in fixed costs.